Have you ever lived in a condominium unit? Condos tend to be especially popular in spots with high property values, like big cities or popular vacation destinations. A condominium, or condo, is a building or community of buildings in which units are owned by individuals, rather than a landlord. Senior condominium living can offer some pretty wonderful benefits for both seniors and their families.
Condos are managed by a Homeowners’ Association (HOA) and there are HOA fees for living in a condo, meaning that rent will include both the utilities and the fees for the upkeep of common areas. However, …